627 Blake Ave APT 1, Brooklyn, NY 11207

East New York Gem located one short block from the 3 train at Pennsylvania Avenue and .2 miles from a 6 story residential development and .6 miles from East New York Health Club. 627 Blake is 3,510 sqft. Built 19.5 x 60 ft while the lot is 19.5. x 80. This 3 story mix-use building is comprised of 4 residential units and 1 retail space. 627 owns 50% of the commercial lease. Ideal for a 1031 buyer or an investor looking for a fully occupied property that is performing. The building is Free Market with value-add potential. Price per sqft of $292. Currently fully occupied and performing at a 7.3% cap. With buyout of the 2 units paying under market value, projected cap is 8%. Contact me to schedule a showing today ! Disclaimer: All information deemed reliable, but is not guaranteed and should be independently verified.